ImmuCell Corporation (ICCC) — Working Capital to Net Assets Ratio
ImmuCell Corporation (ICCC) has a Working Capital to Net Assets ratio of 47.9% as of December 2025. Working capital of $12.97 Million (current assets of $16.94 Million minus current liabilities of $3.98 Million) is measured against net assets of $27.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of ImmuCell Corporation to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ImmuCell Corporation Working Capital to Net Assets (1989–2025)
This chart shows how ImmuCell Corporation's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 47.9%, reflecting working capital of $12.97 Million against net assets of $27.06 Million USD. Check ImmuCell Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ImmuCell Corporation (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ImmuCell Corporation from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ICCC market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 47.9% | $12.97 Million | $27.06 Million | $16.94 Million | $3.98 Million | ▲ +9.3 pp |
| 2024 | 38.6% | $10.63 Million | $27.52 Million | $15.04 Million | $4.41 Million | ▲ +9.5 pp |
| 2023 | 29.1% | $7.27 Million | $24.99 Million | $11.47 Million | $4.20 Million | ▼ -6.9 pp |
| 2022 | 36.0% | $10.92 Million | $30.38 Million | $13.99 Million | $3.07 Million | ▼ -6.2 pp |
| 2021 | 42.1% | $13.73 Million | $32.58 Million | $16.26 Million | $2.53 Million | ▲ +7.0 pp |
| 2020 | 35.2% | $9.95 Million | $28.27 Million | $12.16 Million | $2.21 Million | ▼ -1.7 pp |
| 2019 | 36.9% | $10.69 Million | $28.99 Million | $13.19 Million | $2.50 Million | ▲ +19.2 pp |
| 2018 | 17.7% | $3.86 Million | $21.74 Million | $6.42 Million | $2.57 Million | ▼ -5.3 pp |
| 2017 | 23.1% | $5.44 Million | $23.59 Million | $7.51 Million | $2.06 Million | ▼ -39.2 pp |
| 2016 | 62.3% | $12.29 Million | $19.72 Million | $14.35 Million | $2.06 Million | ▼ -4.2 pp |
| 2015 | 66.5% | $7.06 Million | $10.61 Million | $7.87 Million | $817.59K | ▲ +18.3 pp |
| 2014 | 48.2% | $4.46 Million | $9.26 Million | $5.47 Million | $1.01 Million | ▼ -22.4 pp |
| 2013 | 70.6% | $6.63 Million | $9.40 Million | $7.27 Million | $635.62K | ▼ -2.3 pp |
| 2012 | 72.8% | $6.70 Million | $9.19 Million | $7.36 Million | $665.77K | ▲ +0.6 pp |
| 2011 | 72.2% | $6.52 Million | $9.02 Million | $7.15 Million | $635.00K | ▲ +2.8 pp |
| 2010 | 69.4% | $6.44 Million | $9.28 Million | $6.97 Million | $525.02K | ▲ +7.6 pp |
| 2009 | 61.8% | $5.94 Million | $9.62 Million | $6.31 Million | $362.77K | ▼ -3.0 pp |
| 2008 | 64.8% | $6.24 Million | $9.64 Million | $6.73 Million | $484.49K | ▼ -2.0 pp |
| 2007 | 66.7% | $6.71 Million | $10.06 Million | $7.07 Million | $355.52K | ▼ -7.6 pp |
| 2006 | 74.3% | $6.93 Million | $9.33 Million | $8.35 Million | $1.42 Million | ▲ +3.1 pp |
| 2005 | 71.2% | $6.09 Million | $8.56 Million | $6.79 Million | $697.29K | ▲ +6.5 pp |
| 2004 | 64.7% | $5.00 Million | $7.73 Million | $5.81 Million | $814.49K | ▼ -2.7 pp |
| 2003 | 67.4% | $4.97 Million | $7.37 Million | $5.38 Million | $416.18K | ▲ +6.6 pp |
| 2002 | 60.8% | $4.23 Million | $6.95 Million | $4.49 Million | $258.78K | ▲ +12.1 pp |
| 2001 | 48.7% | $2.94 Million | $6.05 Million | $3.51 Million | $564.00K | ▼ -3.6 pp |
| 2000 | 52.3% | $2.89 Million | $5.54 Million | $3.38 Million | $490.75K | ▼ -26.6 pp |
| 1999 | 78.8% | $2.22 Million | $2.82 Million | $2.83 Million | $605.92K | ▼ -7.5 pp |
| 1998 | 86.4% | $1.90 Million | $2.20 Million | $2.30 Million | $400.00K | ▲ +16.8 pp |
| 1997 | 69.6% | $1.60 Million | $2.30 Million | $2.20 Million | $600.00K | ▼ -4.1 pp |
| 1996 | 73.7% | $1.40 Million | $1.90 Million | $2.10 Million | $700.00K | ▼ -26.3 pp |
| 1995 | 100.0% | $1.90 Million | $1.90 Million | $2.60 Million | $700.00K | ▲ +10.5 pp |
| 1994 | 89.5% | $1.70 Million | $1.90 Million | $2.30 Million | $600.00K | ▼ -6.2 pp |
| 1993 | 95.7% | $2.20 Million | $2.30 Million | $2.60 Million | $400.00K | ▲ +6.8 pp |
| 1992 | 88.9% | $1.60 Million | $1.80 Million | $2.10 Million | $500.00K | ▲ +22.2 pp |
| 1991 | 66.7% | $1.00 Million | $1.50 Million | $1.70 Million | $700.00K | ▼ -22.6 pp |
| 1990 | 89.3% | $2.50 Million | $2.80 Million | $3.00 Million | $500.00K | ▼ -1.9 pp |
| 1989 | 91.2% | $3.10 Million | $3.40 Million | $3.60 Million | $500.00K | — |